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20121112
20121112
Search Results 0 to 9 of about 10 (some duplicates have been removed)
leaders need to do and what the nation faces. >> reporter: nancy pelosi spent this veterans day mixing and mingling with people at the presidio. >> we have a deficit that we have to deal with. we have to do it with growth creation of jobs cuts we all know that also with revenue. >> reporter: she will be returning to capitol hill with plans to push a deal backed by president obama, that will include tax hikes on wealthier households. republicans have already started digging in. >> raising tax rates will slow our ability to create the jobs that everyone says they want. >> reporter: what are the consequences if lawmakers cannot make a deal? >> fiscal live is bad -- physical cliff is bad if it happens. >> reporter: if scheduled cuts are imposed 400,000 government jobs tied to defense spending could be slashed. 400,000 jobs tied to nondefense spending could be eliminated. when it comes to taxes, all rates are scheduled to rise. >> at one point we had higher taxes what we are talking about transitioning from low taxes to high taxes so the immediate effect is, everyone has less income and spe
this veterans day. >> a day of service. how nancy pelosi says she is helping give back to the veterans and the nation. >>> the manhunt for a suspect police say tried to ram an officer. abc-7 news at 6:00 starts now. >> the cutting and the deficits are out of control. >> ama: america on edge. on the fiscal cliff. and tonight, california's lawmakers are sharing their concerns. good evening, thank you for joining us, i'm ama daetz. it's been less than a week since election day and everything is shifting to the fiscal cliff. when lawmakers return to washington it's not clear if the results will erase any gridlock on capitol hill. here's the details. >> the fiscal cliff describes a combination of across the board cuts to social programs and military s
on this topic, they'll get plenty of help from our side. >> there's been talk about nancy pelosi and the speculation that she's going to step down as minority leader. have you heard anything about that and what are your thoughts about that? you're returning to work tomorrow. >> well, i got in trouble two years ago when i was asked that question because i really didn't at that time think that then speaker pelosi was going to want to be minority leader. if he wants to be minority leader, she will have that job as long as she wants it. she's been a tireless worker for the party. if she decides to step down, i think actually the leadership pieces will fall into place pretty quickly without contention in the democratic caucus and we'll have a very, very strong leadership contingent going forward in this congress. but right now, she hasn't laid her cards on the table. i assume we'll learn more later this week. >> i think that was a really good answer. i don't think you can get in trouble from that. you did a great job. congressman, thank you for your time. >> thanks, thomas. >>> florid
reid and senator minority leader mitch mcconnell and nancy pelosi not surprising here. what's the expectation? >> well, you know, we'll see. publicly, suzanne, there has been a much more consillatory tone that we've seen since the election, whether it's from the president or the house speaker john boehner, but i can tell you in talking to sources privately on both sides of the aisle, they admit that it's all about positioning and posturing to make sure at the end of the day if we do go off the fiscal cliff that they're not blamed for it. they're the ones who looked reasonable, not unreasonable, and they're preparing for the other side to blame them for the opposite, if that makes sense. that's a lot of what you are saying in public. the reality is that neither side has a really clear machine date or clear vote and no one wants to look at the end of the day like they never gave compromise a chance. listen to republican bob corker, though, because there does seem to be a little bit of a crack on the republican side on whether or not it's okay to raise some taxes. >> i think th
of the year. house minority leader nancy pelosi is digging in her heels. >> i don't think it would be a good idea for the republicans to hold middle income tax cuts hostage to tax cuts to the wealthy. we have a deficit that we have to deal with. we have to do it with growth and creation of jobs. we have to do it with cuts, we all know that but we also have to do it with revenue on the table. gregg: in just a few minutes we're going to be talking with one of the republicans that leader pelosi will need to work with in the house of representatives, ways and means committee member peter roskam will be joining us live. martha: we're just getting started here on this monday morning and we're glad to have you with us. we have a brand new report today about the effort to preserve a sacred memorial for veterans deep in the california dessert after vandalism and years of court fights. gregg: plus breaking developments in the middle east. israel firing on syria this morning. we'll have a live report from the israeli-syrian border just ahead. martha: also a massive explosion in a quiet suburb kills two
striking this deal? what about nancy pelosi, harry reid, mitch mcconnell? in 2011 it was basically boehner and obama, this time there might be a few more lawmakers who want in on this deal. jenna: the president's going to be sitting down with leaders later on this week. let's talk about style versus substance, something we talked about a lot with the election. i was reading comments from the ceo of at&t today, also the senior economist from bank of america who say, listen, if they'd reach an agreement, great. but if between now and then and the disagreements look really big and bad, that's going to damage this economy because it just shatters any consumer confidence going into the holiday season. >> yes. jenna: so, ultimately, they could find a solution, but damage will already be done. what dueck about that, bob? what do you think about the style to all this as well? >> that's why -- and i agree with that, they're going to need a deal by mid december because it's going to shatter consumer confidence, and the stock market's going to play a big role here. we saw that in the bailout in 2008
Search Results 0 to 9 of about 10 (some duplicates have been removed)

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